Depends on the reason for eliminating costs an the way you go about it. For instance, the owner of the corporation that owns my school argosy, claimed a $5 million income one year and a $15 million income the the next year. Meanwhile, firing almost all of his teachers and administrators and cutting down our studio hours from 24/7 to 12/5. Now we get to register on the phone with someone out of state, online with as system that barely works occasionally, or with an academic advisor over all 8 departments. Also, the studios we are supposed to work and do our projects in are constantly booked the first week of school so 3/4 of the students don't have the time they need or we're promise when being admitted.

As for the second part, partially with you but what about regulations that are for worker safety? That other countries just dgaf about. And the companies that are literally just outsourcing to avoid paying insurance and minimum wage? Like if you outsource and those workers can make the same type of living American workers would, that's pretty ethically sound. The thing is, mos of the big companies like Nike and coke turn to sweat shops and worker made an even shittier living than their American minimum wage counterparts, and there are no regulations to protect them when things go wrong.